EOS - Daily UpdateBottom Line: Watching for evidence the wave ii of (iii) correction ended.
Key Levels: Below 2.20, 2.26 Above 2.96, 3.54, 3.92, 5.48
Outlook: The wave ii of (iii) correction could have ended, but we want to see confirming upside price action to bolster the case.
Analysis: The most bullish comment we can make about EOS is that its 2.26 low has not been violated and it at least gave us some initial confirming price action for a low with the break above 2.54. Otherwise, the price action remains stalled. We still want to see EOS breaking above 2.74 and 2.96 to keep the case for a bottom at 2.26 intact.
Eosdollar
EOS - $EOS - bottomed? Here we go!WAVE 3 in progress! The best time to buy is now!
#EOSUSD: I'm LONG / BULLISH position up in (GREEN BOX). I expect that $EOSUSD will rise up.
This would mean that EOS will gain more 500 - 1000% of its current value against the DOLLAR.
What is the right way? Looking for relevant timeframes, with patience and planning, NO DESPERATION .
No one goes into the market thinking they should buy at the high and sell at the low. The problem is that at the moment when faced with the ups and downs of the market, it’s hard to resist the urge to do those things.
Trading is all about spotting emotional excesses either to the downside or the upside. You want to be on the right side of those emotional reactions and not the wrong.
If you want to win in this market, you need to be COLD and CALCULIST .
To the moon is too close, go beyond
Well, keep you updated as this timely issue evolves.
Good luck!
#CRYPTO $EOS #EOSBTC #EOS #ALTSEASON2020
$BTC $BCH $BNB $XLM $EOS $ETH $ADA $LTC $TRX $XRP $IOTA $LINK $XTZ $BTT $XMR $NEO $BTT $MATIC $XMR $MRK $XEM $ONT $DASH $BAT $ZRX $LSK $NANO $REP
#altcoins #bitcointrading #BuyTheFear #BuyTheDip
Bullish Accumulation pattern on EOSUSDTHello, traders.
EOS is forming a bullish pattern called a bullish rectangle after the symmetrical triangle breakout.
The target is of the rectangle breakout is on the long term Resistance line
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EOS/USD - You can take the 1% risk.The day looks bearish. Because the price is under the EMA.
Jammed in a triangle. Of course it's better to buy after leaving the triangle.
Let's go down to 4H and get a closer look at the situation.
You can take the 1% risk.
In order to earn 5%.
You can tie up a stop loss.
In terms of Fibonnacci, we're down to the purchasing level.
Now the market is jerky. And getting ready to dive down.
It's summer over. It's the rotten 3 months for financial markets.
Lots of traders on vacation.
Don't miss the great buy opportunity in EOSUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (4.3860). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EOS/Dollaris in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 80.
Take Profits:
TP1= @ 6.0530
TP2= @ 6.8635
TP3= @ 8.6365
SL= Break below S2
Don't miss the great buy opportunity in EOSUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (4.3860). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EOS/Dollaris in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 80.
Take Profits:
TP1= @ 6.0530
TP2= @ 6.8635
TP3= @ 8.6365
SL= Break below S2
$EOS reclaimed our support and rally!As we have outlined last week in $EOS two longs strategies as follows:
"
Longs play:
- Conservative long: We can see monthly resistance at $2.6, once this level will be reclaimed, you can look for longs and the target would be $3.2 and $5.5.
- Entry long around $2.57-$2.61, the target would be $3-3.4
"
From both strategies, you are at +6-8% in profits. You can take 40% here and I am still expecting the price to reach our areas of interest, which is another +10-15% from here to $3.0-3.2. __________________________________________________________________________________________________________________
I do a daily observation of major currencies in forex and crypto. Do not miss any move, high-valued analysis or educational content.
Telegram: t.me
Twitter: twitter.com
__________________________________________________________________________________________________________________
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PrimeXBT (tight spreads, up to 1000x leverage, 24/7 support, lowest fees, no slippages, no overloads, quick withdrawals, No KYC).
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EOS Finally Hitting The Falling Wedge's Support Upto 70% MoveSince Sep 16 2019 the world’s 7th ranked cryptocurrency EOS is moving within a falling wedge chart pattern and this time it is hitting the support of the wedge for 3rd time and now we have recent support at $2.3548.
With hitting support of wedge the price action also went closer to lower bands of Bollinger bands and repelled from there.
The Oscillators and indicators are turning bullish:
With this touch on falling wedge’s support all indicators and oscillators on two day chart are turning bullish.
The Relative Strength Index (RSI) was already oversold with the value of 29.45 and now turned bullish and the Stochastic RSI was also oversold and has given bull cross and the moving average convergence divergence (MACD) indicators was also strong bearish and now burned weak bearish with indicates that bears are losing control over the price action of EOS.
The harmonic formation:
At this support the priceline also has formed a harmonic Crab pattern and this time we are in potential reversal zone of this harmonic pattern and the bullish divergence from the PRZ area can lead the price action to hit the 1st resistance at $2.5804 but if this resistance will be broken then EOS can breakout the resistance of the falling wedge and that can also lead to the big bullish move.
But remember one the support of this wedge will be broken down then the EOS can move down to make a new low so this support should be a stop loss point for many traders who bought the EOS at this support recently
If we buy at wedge support then we can set our sell targets 0.382 to 0.786 Fibonacci projection of tail to support of the wedge which is from $2.77 to $3.37 so this can be upto 70% bullish move.
Regards,
Atif Akbar (moon333)
EOSUSD forming bullish BAT | Upto 14.5% bullish move aheadPrice action of EOS / US Dollar is forming bullish BAT pattern and soon it will be entered in potential reversal zone.
This PRZ area can be used as stop loss point in case the complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 2.4649 to 2.4135
Sell between: 2.5877 to 2.7709
Enjoy your profits and regards,
Atif Akbar (moon333)
EOSUSD formed bullish Shark | Upto 42% expectedNov 3
Priceline of EOS / US Dollar cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 2.6516 to 2.3970
Sell between: 2.8909 to 3.4117
Regards,
Atif Akbar (moon333)
#EOSUSDT #EOSUSD #EOS I would say anything below 3.0 is a good buy to hold for couple of Months, However Price is still in Downtrend and You cant be 100% sure to buy it to go all in, Keep your Risk Managed while entering into it, I will consider it to be in Uptrend above 4.2 Only and will target 5.5 - 6.85 In that scenario. However below 3.0 also looks a descent Entry for mid term.
EOS +70% just corrective movementHello, Traders!
Monfex is at your service and today we overview EOS/USD .
Latest news:
The blockchain company Block.One, which developed the EOS protocol, agreed to pay a $ 24 million fine imposed by the court on charges of SEC of unregistered securities trading during the ICO organized by Block.One in 2017-2018.
Against this background, the price of EOS rose by more than 10%+ in the last 24H against the backdrop of an agreement with the SEC. The asset has become one of the growth leaders among the coins from the TOP-10 list by capitalization.
So it's say us that we need to see at TA.
What do you expect from EOS ?
Correction to Fibonacci levels, they stand as levels of resistance. 61.8% and 50% are our goals.
Period: expected until December.
At the moment, the price is in the zone of support for trading volumes and levels.
On the RSI we have bullish divergence and it's at the oversold zone and going to rise up.
Active Trade Signal by EOS/USD
Buy now near $ 2.60 - 3.00
Take profit $ 3.60 - 4.23 - 5.11
Stop at $ 2.35
Share your thoughts, ideas about the market under the chart.
Do not invest money that you cannot lose!
Watch for our Updates to be the first who gets well-timed signals !
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
Emergence of a new trend for EOS Hello, Traders!
Monfex is at your service and today we overview EOS/USD .
There is a medium-term resistance for the EOS of about $ 3.95 , upon reaching which the EOS will break through the global resistance lines.
Locally, there is a falling wedge and a downward channel. Breakout of $ 4 will confirmation of bullish trend.
Before the end of the year RSI will have left the oversold zone.
Perhaps recently, a large second(2) wave of the Elliott(12345-ABC) Waves was ended at a large support line and the third(3) long wave begins.
Share your thoughts, ideas about the market under the chart.
Watch for our Updates to be the first who gets well-timed signals !
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.